With Less Homes For Sale in New Port Richey Now is a Great Time to Sell

New Port Richey Florida is experiencing a low

number of homes for sale which can make this the perfect time to sell your home and buy up or downsize.  Home buyers are very active in the New Port Richey area right now searching for homes for sale.  With fewer homes on the market than in years past many home buyers are finding it more challenging to find a home to purchase in our area.  Traditionally the late winter and spring season brings more buyers into the real estate market and homeowners who are thinking about selling can take advantage of this low inventory time. You can search available homes online with my home search feature.

Having fewer homes for sale in New Port Richey and Port Richey means that home sellers have less competition on the active sales market.  This means that homes listed for sale during low inventory times have a higher number of buyers viewing their homes and a greater chance of a fast sale.  Multiple offer situations are becoming more common.  This is when more than one home buyer makes an offer on a home that is listed for sale. Home sellers who find themselves in a multiple offer situation may negotiate a sales price that is actually higher than expected.

One tried and true constant in real estate sales is to

buy when everyone is selling and sell when everyone is buying.  Motivated home buyers I am working with are checking their emails daily to see I have sent them more homes to view.  These home buyers have a sense of urgency to purchase a home when one that fits their needs is presented to them.  Often times these buyers will not want to miss out on getting the home and they may make much stronger offers as opposed to when we have a lot of homes on the market.  With high inventory (homes for sale) buyers feel like there will always be more homes to look at and more options the following week.  With low inventory, buyers see that desirable homes are selling within days of being listed for sale.

Contact me if you know someone who wants to sell a home in New Port Richey or Port Richey Florida.  You can count on my experience and knowledge to work in your favor and I will do everything I can to help you reach your real estate goals.